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513 58th Street

513 58th Street, West Palm Beach, FL 33407
Property in North Palm Beach
Sold Apr 18, 2022
$475,000
$356,250 by Pennymac Loan Services Llc
Mortgage Due May 01, 2052
Sold Dec 31, 2020
$262,500
$196,875 by Ithink Financial Cu
Mortgage Due Jan 01, 2051
513 58th Street has been categorized by the local assessors in West Palm Beach, FL as a residential type of property. The building on the property was first built in 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 513 58th Street has 1,505 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 970 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,874 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a screened porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of concrete block. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with nothing. The property was last sold in Apr 14, 2022 for $475,000. That's $294.12 per sqft. Prior to that sales transaction, the property was also sold in Dec 14, 2020 for $262,500. 513 58th Street was last assessed in 2023. The total value of the property was assessed at $330,564. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,216. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 4,874
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,615
  • Gross Building Area: 1,615
  • Building Area: 1,505
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,505
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH PALM BEACH PL NO 3
  • Land Acres: 0.112
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NORTH PALM BEACH PL NO 3 LTS 27 & 28 BLK 48

Ownership

  • Current Owner : BANFE ALBERT C
  • Previous Owner : JOHN FREELAND
  • Owner Before Previous Owner: MOXI PROPERTIES LLC
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 001600

Zoning

  • Zoning: SF7-C4

Geography

  • Assessors Map Reference: 115
  • Parcel: 74-43-43-04-06-048-0270
  • Block: 48
  • Lot: 27,28
  • Meridian: SEC 04 TWN 43S RNG 43E
  • Municipality: WEST PALM BEACH
  • Latitude: 26.7626
  • Longitude: -80.0546

    Address

  • Full Address: 513 58th St
  • Address - House Number: 513
  • Address - Street Name: 58th
  • Address - Suffix Type: St
  • State: FL
  • City Name: West Palm Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 2519
  • Zip Code: 33407

Valuation

    Tax

  • Total Area: 1,534
  • Tax Year: 2023
  • Tax Amount: $7,216
  • Tax Rate Code Area: 74407

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 471,277
  • High Value: 511,871
  • Low Value: 430,683

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $356,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $330,564
  • Market Land Value: $136,472
  • Market Improvement Value: $194,092

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,564

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Transaction ID: 11886417648
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 164726
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Dec 14, 2020
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Apr 18, 2022
  • First Mortgage Loan Amount: $356,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ITHINK FINANCIAL CU
  • Previous Mortgage Transaction Date: Dec 31, 2020
  • Previous Mortgage Loan Amount: $196,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

About North Palm Beach



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Frequently Asked Questions

What neighborhood is 513 58th Street located in?
The 513 58th Street is a located in the neighborhood of North Palm Beach in North Palm Beach, West Palm Beach.
What is the average sales price for listings in 513 58th Street?
The average sales price for units in 513 58th Street is $0 currently.

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